Intact Financial Dividend
Dividend criteria checks 5/6
Intact Financial is a dividend paying company with a current yield of 2.13% that is well covered by earnings. Next payment date is on 30th June, 2024 with an ex-dividend date of 14th June, 2024.
Key information
2.1%
Dividend yield
52%
Payout ratio
| Industry average yield | 3.8% |
| Next dividend pay date | 30 Jun 24 |
| Ex dividend date | 14 Jun 24 |
| Dividend per share | n/a |
| Earnings per share | CA$8.56 |
| Dividend yield forecast in 3Y | 2.4% |
Recent dividend updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: IFC.PRI's dividends per share have been stable in the past 10 years.
Growing Dividend: IFC.PRI's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Intact Financial Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (IFC.PRI) | 2.1% |
| Market Bottom 25% (CA) | 1.9% |
| Market Top 25% (CA) | 6.3% |
| Industry Average (Insurance) | 3.8% |
| Analyst forecast in 3 Years (IFC.PRI) | 2.4% |
Notable Dividend: IFC.PRI's dividend (2.13%) is higher than the bottom 25% of dividend payers in the Canadian market (1.9%).
High Dividend: IFC.PRI's dividend (2.13%) is low compared to the top 25% of dividend payers in the Canadian market (6.32%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (52.3%), IFC.PRI's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (39.7%), IFC.PRI's dividend payments are well covered by cash flows.